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Nigerian Banks

Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.

Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.

CBN Orders Banks to Remove Misleading Adverts

The CBN has directed banks to remove misleading bank adverts, warning that deceptive promotional content threatens consumer trust and financial-market stability.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.

Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.

Twin brother’s midnight call went silent as Boko Haram killed Brig. Gen. Braimah in Benishiekh

Brig. Gen. Oseni Braimah was speaking with his twin brother in the United Kingdom when Boko Haram struck the Benishiekh base, cutting the call dead.

IMF warns Nigerians of tougher times ahead as food, transport costs climb and debt rises

The IMF warned Nigerians face tougher near-term conditions from rising food and transport costs, even as the country's oil grades trade above $113 per barrel.